Gores Holdings VII, Inc. (GSEV) Financial Statements (2024 and earlier)

Company Profile

Business Address 6260 LOOKOUT ROAD
BOULDER, CO 80301
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2022
MRQ
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 323,050
Cash and cash equivalents 323,050
Prepaid expense 1,103,707
Total current assets: 1,426,757
Noncurrent Assets
Asset, held-in-trust 550,047,057
Total noncurrent assets: 550,047,057
TOTAL ASSETS: 551,473,814
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Due to related parties 1,350,000
Other undisclosed current liabilities 17,737,962
Total current liabilities: 19,087,962
Noncurrent Liabilities
Liabilities, other than long-term debt 19,250,000
Deferred compensation liability, classified 19,250,000
Total noncurrent liabilities: 19,250,000
Total liabilities: 38,337,962
Equity
Equity, attributable to parent, including: (36,864,148)
Accumulated deficit (36,865,523)
Other undisclosed equity, attributable to parent 1,375
Other undisclosed equity 550,000,000
Total equity: 513,135,852
TOTAL LIABILITIES AND EQUITY: 551,473,814

Income Statement (P&L) (USD)

9/30/2022
TTM
12/31/2021
Operating expenses (200,225)
Other undisclosed operating loss (1,846,373)
Operating loss: (2,046,598)
Nonoperating income
(Investment Income, Nonoperating)
 47,057
Loss from continuing operations: (1,999,541)
Loss before gain (loss) on sale of properties:(1,999,541)
Net loss available to common stockholders, diluted: (1,999,541)

Comprehensive Income (USD)

9/30/2022
TTM
12/31/2021
Net loss: (1,999,541)
Comprehensive loss, net of tax, attributable to parent: (1,999,541)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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